NEW YORK (GenomeWeb News) – Despite healthier than expected spending during the second quarter, life science researchers are expected to tighten their purse strings for the remainder of the year, according to the results of a survey conducted by investment firm Goldman Sachs.

The survey also found that 30 percent of respondents were not aware of the possibility of a nearly 8 percent cut to the National Institutes of Health's budget for fiscal year 2013, further punctuating a pessimistic outlook for the remainder of 2012.